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(Reuters) -Pfizer Inc said on Thursday it sold a part of its stake in German drugmaker BioNTech SE, more than five years after both firms formed an alliance that yielded a vaccine to combat the deadly COVID-19 pandemic. The U.S. drugmaker cut its stake by 54.7%, leaving the company with roughly 1.66 million sponsored American …

Pfizer slashes stake in COVID vaccine partner BioNTech Read More »

By Amanda Stephenson CALGARY (Reuters) -Canada said on Thursday it will add the proposed Ksi Lisims LNG facility to its major projects list for fast-tracking, a designation the company behind the project said makes it more likely to proceed. Prime Minister Mark Carney made the announcement in Prince Rupert, British Columbia, where the facility would …

Canada names proposed Ksi Lisims LNG project for fast-tracking Read More »

By Christoph Steitz and Tom Käckenhoff BERLIN/DUESSELDORF (Reuters) -Germany’s Siemens Energy plans to pay its first dividend in four years, it said on Thursday, also raising its mid-term outlook following strong demand for gas turbines, services and power transmission technology. “This success was hard-earned and didn’t come by chance,” CEO Christian Bruch said, in a …

Siemens Energy to pay first dividend in four years, raises mid-term outlook Read More »

By Leo Marchandon (Reuters) -French video game publisher Ubisoft said on Thursday it was postponing the publication of its half-year earnings and requested Euronext suspend trading of its shares and bonds starting Friday. The suspension will remain in place until the company publishes the delayed results “in the coming days,” Ubisoft said in a statement. …

Ubisoft delays half-year results, requests trading suspension Read More »

By Foo Yun Chee BRUSSELS (Reuters) -Zalando, Europe’s biggest online fashion retailer, on Thursday took its fight against EU online content rules to Europe’s highest court, saying that a lower tribunal had erred in throwing out its challenge. Zalando had sued the European Commission after it was designated as a very large online platform (VLOP) …

Zalando turns to EU top court in fight over online content rules Read More »

By Mateusz Rabiega (Reuters) -Aegon said on Thursday it was on track to meet its 2025 targets after strong momentum in the U.S. and a good performance in the international and asset management divisions helped it beat market expectations in the third quarter. Aegon, which is heavily exposed to the United States through its Transamerica …

Aegon on track to meet 2025 targets as US business grows Read More »

By Amy-Jo Crowley and Charlie Conchie LONDON (Reuters) -British small-business lender Iwoca, backed by investors including Commerzbank’s CommerzVentures and London-listed Augmentum Fintech, is exploring a potential sale, four people familiar with the matter said. DEAL DETAILS * Iwoca, short for ‘instant working capital’, has beensounding out advisers to discuss a sale that could begin earlynext …

Exclusive-Small-business lender Iwoca weighs sale, sources say Read More »

By Francesca Landini MILAN (Reuters) -Italy’s biggest utility Enel on Thursday improved its guidance on full-year net income after reporting nine-month earnings marginally above market expectations. Ordinary earnings before interest, taxes, depreciation and amortisation (EBITDA) came in at 17.26 billion euros ($20 billion) in the January-September period, compared to an average estimate by analysts of …

Enel ups guidance on 2025 net income, plans data centres Read More »

KARLSRUHE, Germany (Reuters) -A German high court rejected a claim from shareholders in defunct payments company Wirecard who were seeking a bigger share of the firm’s remaining assets. The company collapsed in 2022 in the country’s biggest post-war fraud after conceding that 1.9 billion euros ($2.22 billion) it had booked in its accounts likely never …

German court rejects shareholders’ bid for more of Wirecard insolvency spoils Read More »